The Wellcome Trust in the U.K. and pharma giant Merck are joining forces to fund a $150 million non-profit vaccine developer to be based in India. The new joint venture will focus on developing inexpensive jabs for use in developing countries. And researchers will pursue a special focus on high-risk vaccine programs for neglected diseases. Article [1]
Links:
[1] http://www.fiercevaccines.com/story/merck-helps-fund-new-150m-non-profit-vax-developer/2009-09-17